(See recent posts on Phoenix Case-Shiller Home Price Index.) Case-Shiller released data this week for Phoenix that splits the price index into three price level indices. This Case-Shiller index is the best data available for estimating actual appreciation (or depreciation). The downside to the Case-Shiller Index, however, is that it runs a little old, the [...]
The conclusion is the number of homes sold in metro Phoenix in May was HUGE… but prices continued to drift a bit lower in many zip codes. Video Comments on May Home Sales in Phoenix The laws of economics haven’t changed, higher sales will lead to higher prices, it’s just the lag time between cause [...]
124 zip codes updated with February 2011 data. No rebound in median zip code prices seen but I expect a strong rebound in March. We’ll see soon enough. I see some anomalies by overlaying two zip codes on top of each other. (It’s an in-house analysis tool that is not available on this website.) If [...]
Check out the zip code graphs yourself in the right-hand column. I think you’ll see that prices drifted slightly lower in most zip codes the last few months. This is after seeing median prices trying to strengthen for about a year and a half. As I say in the video post below, I think prices [...]
Dr. Jay Butler of Realty Studies at Arizona State University came out with his Phoenix area residential real estate sales and median home price numbers for October 2010. Greater Phoenix – Median Home Price (Single-family resale homes. Excludes repossessions but includes sales by banks after they repossess. ASU calls these “Traditional Sales”) October 2010: $135,000 [...]
(See recent posts on Phoenix Case-Shiller Home Price Index.) Phoenix Home Prices Fell 1% in August We knew from the median sold price data that already came out that home prices fell in metro Phoenix in August and now with the Case-Shiller Index we can quantify exactly how much Phoenix homes depreciated between July and [...]
(See recent posts on Phoenix Case-Shiller Home Price Index.) We knew from the median sales price data that came out earlier that home prices fell in metro Phoenix in July and now with the Case-Shiller Index we can better quantify by exactly how much Phoenix homes prices fell… by 0.6%. Las Vegas fell by 0.8% [...]
You don’t need anything else to see what’s happening with the real estate market in your Phoenix area zip code. I might do a video tutorial later on what the new data shows. I might not. All 124 Phoenix area zip code real estate charts available in the right-hand column have now been updated through [...]
See the latest trends in actual home price appreciation – not median home prices – through May 2010 using data from Karl Guntermann of ASU. It’s nice to see someone else think we won’t see a double dip in Phoenix home prices overall. I was feeling a little bit out on a limb there. Highlights [...]
Dr. Jay Butler of Realty Studies at Arizona State University came out with his Phoenix area residential real estate sales and median home price numbers for July 2010. Greater Phoenix – Median Home Price (Single-family resale homes. Excludes repossessions but includes sales by banks after they repossess. ASU calls these “Traditional Sales”) July 2010: $137,500 [...]
Looking at actual home price appreciation – not median home prices – we see in the last few months through April 2010, according to Karl Guntermann of ASU; By Region. Generally, prices were flat in Phoenix and the West Valley while prices fell in the East Valley. By Sale Price. Prices of lower priced homes [...]
Many zip codes seem to me to be safe to buy in because home prices have fallen so low that a lot of homes are selling. (Watch the video.) It seems the market kinda likes the current prices. Video – Phoenix median home prices by zip code through May 2010 Your browser cannot play this [...]
Dr. Jay Butler of Realty Studies at Arizona State University came out with his Phoenix area residential real estate sales and median home price numbers for June 2010. Greater Phoenix – Median Home Price (Single-family resale homes. Excludes repossessions but includes sales by banks after they repossess. ASU calls these “Traditional Sales”) June 2010: $143,000 [...]
(See recent posts on Phoenix Case-Shiller Home Price Index.) The $8,000 first-time home buyer tax credit was originally supposed to expire at the end of November. Home prices spiked through December as those transactions closed. You can see it on the graph for Phoenix, anyway. Then the program was extended to April 30 and we [...]
(“MLS Listings” are measured at one point in time, usually the 15th day of the current month. “Median Price” of homes sold and the total number of home “MLS Sales” are for the entire preceding month.) Phoenix Real Estate Market Analysis In May, the median single family home sold price in the Phoenix area MLS [...]
Dr. Jay Butler of Realty Studies at Arizona State University came out with his Phoenix area residential real estate sales and median price numbers for April 2010. Greater Phoenix – Median Home Price (Single-family resale homes. Excludes repossessions but includes sales by banks after they repossess. ASU calls these “Traditional Sales”) April 2010: $144,000 April [...]
(See recent posts on Phoenix Case-Shiller Home Price Index.) I suppose we got a slump after the scheduled end of $8,000 first-time homebuyer tax credit last November. The program, however, was extended before it ended. (When looking at the cost (in)effectiveness of the program, we should take the post-program price slump into account.) The program [...]
Dr. Jay Butler of Realty Studies at Arizona State University came out with his Phoenix area residential real estate sales and median price numbers for March 2010. Greater Phoenix – Median Home Price (Single-family resale homes. Excludes repossessions but includes sales by banks after they repossess. ASU calls these “Traditional Sales”) March 2010: $142,500 March [...]
(“MLS Listings” are measured at one point in time, usually the 15th day of the current month. “Median Price” of homes sold and the total number of home “MLS Sales” are for the entire preceding month.) Video Analysis Price (green line) In February, the median single family home sold price in the Phoenix area MLS [...]
All 124 zip code real estate charts available in the right-hand column have now been updated through JANUARY 2010 with the number of home sales, the median home price and the median home price per square foot. Video Comments – Phoenix median home prices by zip code through January 2010 Phoenix home PRICE trends – [...]
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